Scor : slightly in the green with broker's comments
(CercleFinance.com) - Bucking the trend in Paris, Scor gained nearly 1% on positive comments from UBS, which reaffirmed its 'buy' recommendation and raised its target price for the French reinsurer from 27.
3 to 28.7 euros.
Scor's fourth-quarter results show an improvement in operational confidence, with a stable dividend yield offering attractive returns in a context of manageable debt levels", the broker believes.
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